Xinjiang Zhongtai Chemical Balance Sheet Health
Financial Health criteria checks 2/6
Xinjiang Zhongtai Chemical has a total shareholder equity of CN¥28.9B and total debt of CN¥27.1B, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are CN¥80.4B and CN¥51.5B respectively.
Key information
93.6%
Debt to equity ratio
CN¥27.08b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥6.67b |
| Equity | CN¥28.92b |
| Total liabilities | CN¥51.51b |
| Total assets | CN¥80.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002092's short term assets (CN¥15.4B) do not cover its short term liabilities (CN¥35.7B).
Long Term Liabilities: 002092's short term assets (CN¥15.4B) do not cover its long term liabilities (CN¥15.8B).
Debt to Equity History and Analysis
Debt Level: 002092's net debt to equity ratio (70.6%) is considered high.
Reducing Debt: 002092's debt to equity ratio has reduced from 126.5% to 93.6% over the past 5 years.
Debt Coverage: 002092's debt is well covered by operating cash flow (21.6%).
Interest Coverage: Insufficient data to determine if 002092's interest payments on its debt are well covered by EBIT.